Pauper or billionaire: Switzerland prepares for a vote on a basic income for all. Here are the arguments pro and con – and why the referendum is most likely to fail.
To work or not to work for a living – that may no longer be an issue in Switzerland in the near future.
The Swiss go to the polls on June 5 in a referendum on an unconditional basic income (UBI). A guaranteed income for everyone, no questions asked … //Continue Reading…

The Bank Whistleblowers United – Who are We, and Why are We Trying to Help Implement Real Banking Reform? on New Economic Perspectives, by William Black, Jan 31, 2016. At this time (January 29, 2016), we consist of four founding members: Continue Reading…

A people’s history of the U.S. working class starts with the conflict between resistance and repression.

As income inequality widens in the U.S., the narrative that we need to “take back” our country, or return to an America where hardworking people are rewarded for playing by the rules, is everywhere. But is this really the history of the U.S.—or a fairy tale that obscures the U.S.’s path to industrial dominance? … //Continue Reading…

Translation in spanish, and in persian (Farsi) language – Published on ZNet, interview with Yanis Varoufakis (first on his blog), Jan 31, 2016.

Why did you resign the very next day after the ‘no’ victory in the Greek referendum?

Because the Prime Minister told me, on the night of that magnificent result, that it was time to surrender to the troika. Not what I had entered politics for and certainly not what the mandate that the 62% NO vote we had just received stipulated. Continue Reading…

Human traffickers are taking advantage of Europe’s refugee crisis to find sex and labor slaves, particularly children, Europol says. The EU police’s chief of staff told the Observer that some 10,000 minors have gone missing since crossing into the EU.